Sky


UK accepts 21CF-Sky terms after Disney sweetens Sky News pledge

The UK government has accepted deal terms between 21st Century Fox and Sky, following an improved commitment from Disney to operate Sky News for a period of 15 years. UK culture secretary Matt Hancock said that new deal terms had been offered that meet the criteria he laid out in parliament earlier this month – […]

Sky independent committee welcomes EC Comcast approval

Sky’s independent committee has welcomed the European Commission’s decision at the end of last week to clear Comcast’s proposed acquisition of Sky. The EC concluded on Friday that the deal would reaise no competitoin concerns in Europe. The Commission concluded that Comcast and Sky are “mainly active in different markets” in the countries in which […]

TV4 Entertainment launch indie TV & Film Studio

TV4 Entertainment, the Warner Bros. and Sky-invested OTT producer, has launched Concrete Club, an independent original content studio. The genre-based studio will develop, produce and distribute feature films and television series targeting underserved, global audiences on all screens. The new studio is an extension of TV4 Entertainment’s portfolio of genre-based lifestyle, entertainment and sports over-the-top […]

UK gov’t sets scene for Sky bidding war between Fox and Comcast

The UK government has approved 21st Century Fox’s proposed takeover of Sky on the condition that Sky News is divested, clearing the path for a Fox showdown with Sky’s other bidder, Comcast. In a statement to parliament yesterday, UK culture secretary Matt Hancock said that details will now be finalised over how Sky News can be divested “in […]

Sky Entertainment restructures commissioning team

Sky is set to restructure its Entertainment group and remove standalone channel heads, in a move that will see Sky One and Sky Living director Adam MacDonald depart. From here on strategic decisions for the channels will fall under Sky Entertainment’s director of programs Zai Bennett and the programming team. Commissioning and acquisitions will now […]

Sky and HBO order true crime series from Working Title TV

Sky and HBO have greenlit The Case Against Adnan Syed, a four-hour documentary series directed by Amy Berg (Deliver Us from Evil, West of Memphis). The series will explore the 1999 disappearance and murder of 18-year-old Baltimore County high school student Hae Min Lee and the subsequent conviction of her ex-boyfriend, Adnan Syed (pictured). The […]

TBI Weekly: Comcast joins the M&A race

This week, Comcast kicked off a bidding war by formally offering £22bn for Sky and subsequently making it very difficult for Rupert Murdoch’s Fox to take full ownership of the TV group. The offer, which trumps Fox’s £19bn bid and has been well received by independent board members at Sky, is Comcast’s move to compete […]

Comcast makes rival £22bn cash bid for Sky

Comcast has made a firm cash offer for Sky that values the pay TV operator at £22 billion (€25 billion), with a commitment to maintain annual expenditure on Sky News for at least 10 years and to establish an independent editorial board for the channel. The announcement, which accompanied Comcast’s Q1 results, puts the US […]

Sky reports 10% earnings increase

Sky reported a 10% increase in earnings for the nine months to March 31, despite what CEO Jeremy Darroch (left) described as a “challenging consumer environment”. Announcing results for the first nine months of its financial year, Sky said that earnings before interest, taxation, depreciation and amortisation (EBITDA) came to £1.7 billion – up 10% […]

Disney/Fox deal to close by Spring/Summer 2019

Peter Rice, president of 21st Century Fox, has told staffers that the merger between Fox and Disney is set to be complete for Spring or Summer 2019. During a round of town hall meetings, the boss spoke to staffers for reassurance and an update on the process, according to Deadline, which first noted the story. […]

1 2 3 38